Company

Afterpay Limited

Headquarters: Melbourne, VIC, Australia

Founded: October 2014

Employees: 1,300

CEO: Mr. Anthony Mathew Eisen C.A., B.Comm., CA

show_chart ASX: APT -1.03%

Market Cap

A$23.70 Billion

AUD as of Jan. 1, 2022

US$17.22 Billion

history Market Cap History

Company Description

Afterpay Limited is a financial technology company primarily engaged in delayed payments. Thanks to its "pay later" service, Afterpay notably allows customers to purchase a product immediately, and pay it later in four payments within two weeks, whether in-store or online. Afterpay also provides special offers and deals with partner brands. Afterpay operates in Australia, Canada, the United Kingdom, the United States, and New Zealand.

Afterpay Limited market capitalization over time

Evolution of Afterpay Limited market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Afterpay Limited

Detailed Description

Afterpay Limited, together with its subsidiaries, provides payments solutions to customers, merchants, and businesses. Its Afterpay Asia Pacific segment operates the Afterpay platforms in Australia, New Zealand, and Asia. The company's Afterpay North America segment operates the Afterpay platforms in the United States and Canada. Its Clearpay segment operates the Clearpay platforms in the United Kingdom and Europe. The company's Pay Now segment provides mobility, health, and e-services. The company was formerly known as Afterpay Touch Group Limited and changed its name to Afterpay Limited in November 2019. Afterpay Limited was incorporated in 2017 and is based in Melbourne, Australia. As of January 31, 2022, Afterpay Limited operates as a subsidiary of Lanai (AU) 2 Pty Ltd.

Wikipedia Introduction

Afterpay Limited (abbreviated as Afterpay) is an Australian financial technology company operating in Australia, the United Kingdom, Canada, the United States, and New Zealand. Afterpay was founded in 2014 by Nick Molnar and Anthony Eisen. In June 2017, Afterpay merged with one of its technology suppliers, Touchcorp, to form the Afterpay Touch Group. In November 2019, the company was renamed Afterpay Limited. In August 2021, Afterpay and American payments company Square, Inc. (later renamed Block, Inc. in December 2021) announced they had entered into arrangements for Square to acquire Afterpay for US$29 billion (A$39 billion), which was later completed on January 31, 2022.

Source: Wikipedia, retrieved on March 31, 2022, 8:41 p.m.

Stocks & Indices

Afterpay Limited has the following listings and related stock indices.


Stock: ASX: APT

Stock: FSX: 2A6

Key People

Founder(s): Nick Molnar Anthony Eisen

Nicholas Molnar (co-founder) Anthony Eisen (co-founder, CEO)

Financials

Revenue: AU$924.7 million (FY2021)

Net income: AU$159.4 million (FY2021)

Details

Headquarters:

406 Collins Street

Level 5

Melbourne, VIC 3000

Australia

Phone: 61 1300 100 729